Answer:
$10.
Explanation:
The key word here is a "monopolist", or an individual/company that has complete control over a certain amount of market. Marginal revenue, as defined, is an increase in revenue that results from the sale of one additional unit of output.
This is important to note, in that <em>usually when a price is raised, as long as there is comparable quality with competitors who have lower prices, an increase of price will typically lower demand for the product(s) from that individual supplier. </em>However, in holding a monopoly, <em>no matter how much or little they change the prices, as the product is in demand, the market demand would not change as much assuming all things stay the same</em> (i.e., natural demand is still the same amount as before the price change).
So, for example, that there is a natural demand for computer chips. You as well as your company, is the only company that makes computer chips, or at least you make the majority of the computer chips (>90%). This typically means that, if no other company or government has the means to be able to achieve adequate production of computer chips, and as computer chips are important in everyday products and a part of human life now, then an increase of price by $10 is justifiable under the Nature of Demand. The marginal revenue then, would be $10 (the amount increased).
Learn more about revenue, here:
brainly.com/question/13873790
Answer:
Collision of Tectonic plates
Explanation:
The north-eastern side of Indian Plate is convergent with Euarasian plate. This collision of tectonic plates form a convergent plate boundary & lead to subduction. It refers to the zone destroyed & production of mountains. This collision, convergence, subduction lead to formation of Himalaya & Hindu Kush mountains in north eastern part of India
The correct answer is <span>The exciting camp meetings gave people more emotional involvement in religion than they had earlier. I know this for a fact because it was correct for my test.</span><span />
d) a career
it’s very common to hear someone say they are going to peruse in a career so yea
They all feel unified since moving to America from England, and have officially become a new nation.
